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Vietjet Aviation Joint Stock Company Key Highlights Q3/2017 Business result October 2017 Disclaimer INFORMATION CONTAINED IN OUR PRESENTATION IS INTENDED SOLELY FOR YOUR REFERENCE. SUCH INFORMATION IS SUBJECT TO CHANGE WITHOUT NOTICE, ITS


  1. Vietjet Aviation Joint Stock Company Key Highlights –Q3/2017 Business result October 2017

  2. Disclaimer INFORMATION CONTAINED IN OUR PRESENTATION IS INTENDED SOLELY FOR YOUR REFERENCE. SUCH INFORMATION IS SUBJECT TO CHANGE WITHOUT NOTICE, ITS ACCURACY IS NOT GUARANTEED AND IT MAY NOT CONTAIN ALL MATERIAL INFORMATION CONCERNING THE COMPANY. NEITHER WE NOR OUR ADVISOR MAKES ANY REPRESENTATION REGARDING, AND ASSUMES NO RESPONSIBILITY OR LIABILITY FOR, THE ABILITY, THE ACCURACY OR COMPLETENESS OF, ANY ERRORS OR OMISSION IN, ANY INFORMATION CONTAINED HEREIN. IN ADDITION, THE INFORMATION MAY CONTAIN PROJECTIONS AND FORWARD-LOOKING STATEMENT THAT REFLECTS THE COMPANY'S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND FINANCIAL PERFORMANCE. THESE VIEW ARE BASED ON CURRENT ASSUMPTIONS WHICH ARE SUBJECT TO VARIOUS RISK FACTORS AND WHICH MAY CHANGE OVER TIME. NO ASSURANCE CAN BE GIVEN THAT FUTURE EVENTS WILL OCCURS, THAT PROJECTIONS WILL BE ACHIEVED, OR THAT COMPANY ASSUMPTIONS ARE CORRECT. ACTUAL RESULT MAY DIFFER MATERIALLY FROM THOSE PROJECTED. THIS PRESENTATION IS STRICTLY NOT TO BE DISTRIBUTED WITHOUT THE EXPLICIT CONSENT OF THE COMPANY'S MANAGEMENT UNDER ANY CIRCUMSTANCES. 2

  3. Key Highlights  Carried 4.36 m passengers in Q3 2017, an increase of 25% vs Q3 2016.  ASK in Q3 2017 is 5,776 m, increased 32,1 % vs Q3 2016  Fuel price increased 8.6% vs Q3 2016 from 65USD/barrel to 70.59 USD/barrel in Q3 2017  The Revenue increased 34.4% vs Q3 2016 to VND 6,142 Bil(1) in Q3 2017.  Profit Before Tax increased 37.8% reached VND 1,075 Bil(2) in Q3 2017  RASK up 0.27 % - from strong growth of passenger transportation and ancillary revenue.  Cost per available seat kilometers excluded fuel (CASK ex-fuel) was 2.38 cents in Q3 2017..  Maintained the high Load Factor approximately 89.73%.  Achieved the highest technical reliability of 99.64% among top Airlines in Asia Pacific region.  Vietjet paid 40% stock dividend in Q3 of 2017 (FY 2017)  On July 19th, 2017, the Groundbreaking Ceremony for Vietjet Aviation Academy was held in Saigon High Tech Park (SHTP) located in District 9, Ho Chi Minh City. The Academy is expected to be in operation in 2018, with full flight simulator, supported by Airbus. 3 (1) Total Revenue - Unaudited Financial Statement Q3/2017 (VAS) (2) Profit Before tax – Unaudited Financial Statement Q3/2017

  4. Operating Statistics  Modern and young fleet with average age of 3.37 years TOTAL ROUTES OPERATED comprising 25 Airbus A320s and 15 A321s as of 30 September 2017. 73 55  Up to 30 September 2017, VJC has total 219 aircraft on order with Airbus and Boeing in which the company received 27 aircraft. Q3-16 Q3-17  Pax Carried: 4.36m passengers in Q3 2017. Passengers & Aircraft growth  Operated an extensive network of 38 domestic routes and 35 Passengers (m) Total aircraft international routes , excluding charter services up to September 40 9.5 30, 2017. 8.5 7.5 36 6.5  Vietjet operated a total of 24,516 flights in Q3 2017. 5.5 4.5 3.5  Aircraft utilization – 14.04 block hours per aircraft a day. 2.5 4.3 3.5 1.5 0.5  On-time performance ratio of 85.4% in 9M 2017 -0.5 Q3/2016 Q3/2017  Safety indicators of ground operations and Flight operations are also highest in the region. 4

  5. Passenger Growth To More Than 40 M Passenger Per Annum Total Passengers (‘000 pax) 50,000 43,000 45,000 39,000 40,000 36,000 34,000 35,000 30,000 30,000 25,000 25,000 20,000 17000 14,051 15,000 9,313 10,000 5,562 5,000 3,156 - 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 5

  6. Flight network extension 6

  7. Company Overview Vietjet has commenced Hanoi - Yangon route. After Ho Chi Minh City, Hanoi - Yangon is the second route flying to the beautiful Myanmar of Vietjet. 6

  8. Products - Services Reasonable and economical price with varied ticket types for choosing “12pm, It’s time to Vietjet” promotion campaign offered millions of tickets from VND0 to bring flying opportunities for domestic and foreign passengers Sky Shop & Jet Café foods and souvenir services on board continued serving seasonal fresh, hot meals and news products Promotion programs and duty-free item diversification on airplanes continued to implement 8

  9. 4 aircraft were wet-leased Early August, 2017, after exploration and assessing process, the delegation and 4 Vietjet’s aircraft departed to Pakistan to operate wet-leased flights. Vietjet’s aircraft have been operated on the domestic routes of Pakistan. With the 4 aircraft wet leasing, Vietjet has expanded its brand to the world, become the Vietnamese airline providing wet-leased services which met the most difficult and highest standard markets in the world; proved the operation ability of the leading airline. In addition to these 4 wet-leased aircraft, Vietjet has effectively operated its fleet in the low season 9

  10. Typical events of the 3Q2017  On October 15, 2017, CEO Nguyen Thi Phuong Thao delivered an impressive speech to 1000 delegates at Da Nang Investment Forum 2017, chaired by Prime Minister Nguyen Xuan Phuc  On October 7, 2017, in Albuquerque City (New Mexico, United States), Vietjet’s hot air balloon brought the images of beautiful and young girls to Albuquerque International Balloon Fiesta 2017 – the largest balloon festival in the world.  On October 4, French Ambassador Bertrand Lortholary, French Consul General in Ho Chi Minh City Vincent Floreani, representatives of Airbus and the delegation paid a working visit at Vietjet.  Vietjet was prominent at the unprecedent talkshow between the Prime Minister and the private economic groups on September 30 in Hanoi.  Vietjet has been the air carrier, accompanied with the most brilliant contestants of Miss Universe Vietnam 2017 and Miss Vietnam Oceans 2017 in many interesting activities.  On August 26, in Yangon City (Myanmar), Vietjet organized the opening ceremony for Hanoi – Yangon (Myanmar) route. Before that, on August 22, in Jakarta (Indonesia), Vietjet also hold the announcement ceremony to open the route from Ho Chi Minh City to Jakarta (Indonesia). The events were during the official visits of His Excellency Mr. Nguyen Phu Trong, General Secretary of the Communist Party of Vietnam. 10

  11. Awards • Vietjet continued to be honored by Forbes Magazine among the Top 50 Vietnamese best listed companies at Business Forum held in Ho Chi Minh City • Vietjet was honored as the “Pioneering Airline” at the festival of national tourism industry 2017 (The Guide Awards) which was held by The Guide magazine of Vietnam Economic Times • The IPO deal of the year 2016 - 2017 • The airline had the fastest passenger growth in Vietnam which awarded by Ministry of Culture, Sports and Tourism Vietnam • Received “Best Low Cost Carrier” award at International Travel Expo Ho Chi Minh City 2017 (ITE 2017) honored by Ho Chi Minh City Tourism Department. 11

  12. Fleet Expansion Vietjet’s aircraft fleet by 30 th September, 2017 stood at 40 aircraft including 25 Airbus A320s and 15 Airbus A321s with the average age of 3.37 years . The fleet of aircraft has seat configuration from 180 to 220-230 seats and the designs are in tune with the low cost airline business model. Vietjet made an order of 119 Airbus A320/321 aircraft and an order of another 100 737MAX 200 aircraft with Boeing. The orders with Airbus and Boeing will be completed at the end of 2023. 12

  13. Young, modern and Fuel Efficient Fleet AC Type Vietjet Air Asia Indigo Jetstar easyJet Ryanair (JQ) A319 ( 156 seats) 143 A320 25 173 137 53 136 A321 ( 230 seats) 15 6 B737-800 383 Avg. Age (y) 3.37 6.6 5.6 7.9 7.0 6.5 Total 40 173 137 59 279 383 A321 deliver cost & revenue benefits 13

  14. Cost, cost & cost! A strong focus on cost 13

  15. FLEET EXPANSION Young, modern and Fuel Efficient Fleet 100 90 80 70 60 50 40 30 20 10 0 2017 2018 2019 2020 A320 A321 737Max8 2017 2018 2019 2020 A320 25 25 22 19 A321 27 41 52 42 737 Max 200 0 0 4 28 Total 52 66 78 89 A321 deliver cost & revenue benefits 15

  16. In Albuquerque City (New Mexico, United States), Vietjet’s hot air balloon brought the images of beautiful and young girls to Albuquerque International Balloon Fiesta 2017 – the largest balloon festival in the world 15

  17. Safety and Quality activities of the 3Q2017  Successfully complete AOC renew AOC and AMO Certificate in accordance with new VAR ( Vietnam Aviation Regulations). The new AOC certificate is valid until 10 Oct. 2018.  Ensure high safety and quality level of operation during summer season including wet lease operation abroad.  Improve performance of Operation Management Center ( OMC) with implementation of new IT Application and enhanced communication process among operation areas including Flight operation, Maintenance, Ground operation and Commercial  Successfully implement 5S in flight operation 17

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